# PPP loan: AMERICAN SUPERCONDUCTOR CORPORATION
> **$2.58M** approved 04/03/2020 · Paid in Full · Loan `4490287008`
## Borrower
- **Name:** AMERICAN SUPERCONDUCTOR CORPORATION
- **Address:** 114 East Main Street, AYER, MA, 01432-1832
- **NAICS:** 335311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.58M
- **Initial approval:** $2.58M
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.42M
- **Rent:** $60K
- **Utilities:** $100K
- **Jobs reported:** 143
## Lender
- **Originating:** Main Street Bank
- **Servicing:** Main Street Bank (MA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*